Thumzup, Backed by Donald Trump Jr., Secures $50M to Supercharge Crypto Mining Ambitions
Thumzup just hit a $50 million jackpot—and they're dumping it straight into crypto mining. With Donald Trump Jr. in its corner, the company's betting big on digital gold rush 2.0.
Mining expansion mode: activated
The fresh capital injection comes as Bitcoin miners scramble for survival post-halving. Thumzup's play? Vertical integration—because nothing says 'trust the process' like burning cash on ASICs during a bear market.
Wall Street's watching this move like amused spectators at a high-stakes poker game. After all, what's $50 million between friends when you're playing with other people's money?
Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed credit facility to support growth. This strategic move positions Thumzup as a significant player in the evolving crypto market amid Bitcoin’s recent price surge.